Average premiums for home insurance rose 9.1% in January while motor was up 4.9%, according to the specialists. from Insurer - insuranceage.co.uk https://ift.tt/1V4fmSv
Recharge Rescue has developed a product, which can be sold via brokers, to help EV drivers if they run out of power. from Insurer - insuranceage.co.uk https://ift.tt/UhwFPyQ
RMS estimates top figure of £3.7bn (€4.5bn) with the UK accounting for around 15% of the total. from Insurer - insuranceage.co.uk https://ift.tt/SYEjlRV
Industry experts highlighted the benefits and challenges of a four-day week in the insurance space. from Insurer - insuranceage.co.uk https://ift.tt/ws9BOnf
The organisation said the use of imarket to place commercial lines business was at an “all time high”. from Insurer - insuranceage.co.uk https://ift.tt/k5EvXZA
The provider has teamed up with EIS, Amazon Web Services and Willis Towers Watson on a range of initiatives. from Insurer - insuranceage.co.uk https://ift.tt/xIdnzKB
MGA leader assesses opportunities for brokers, changes in capital providers backing risks, market consolidation and the sector’s expansion. from Insurer - insuranceage.co.uk https://ift.tt/SMymBL0
Nexus Underwriting, an independent specialty managing general agent (MGA) in the London market, and Xenia Broking, a insurance and surety distribution specialist, will operate as distinct, independent brands under the Kentro holding company. from Insurer - insuranceage.co.uk https://ift.tt/TvOfoRS
The British Insurance Brokers’ Association, the Association of British Insurers, and Flood Re have launched a Flood Insurance Directory to help customers access flood cover. from Insurer - insuranceage.co.uk https://ift.tt/A5KlZBw
The organisation has committed to offering 2,500 apprenticeships over the next three years and increasing inclusivity across the sector. from Insurer - insuranceage.co.uk https://ift.tt/Ipc50zZ
The insurer’s international division, which includes the UK, posted a 15% increase in gross written premium for the full year 2021. from Insurer - insuranceage.co.uk https://ift.tt/oywOurx
Insurer posted a 9.4% rise in operating profit to £318m for 2021 but recorded a 3.2% fall in gross written premium to £3.8bn. from Insurer - insuranceage.co.uk https://ift.tt/LPnI2O6
The insurer cited an increase in electric vehicle sales and the ability to offer a greener fleet option to businesses among the reasons for the move. from Insurer - insuranceage.co.uk https://ift.tt/50m2r7w
Providers have made an additional £307.9m in initial payments, according to the latest figures from the Financial Conduct Authority which is set to end its data releases next month. from Insurer - insuranceage.co.uk https://ift.tt/lWqSk0t
Insurance Age spoke to industry experts to find out how the metaverse is changing the risk landscape and what opportunities it offers brokers and insurers alike. from Insurer - insuranceage.co.uk https://ift.tt/Z4HzmnB
The provider also reported a 32% increase in GWP, going from $2.4bn (£1.87bn) in 2020 to $3.2bn (£2.4bn) for the year ended 31 December 2021. from Insurer - insuranceage.co.uk https://ift.tt/pc2nmWF
The provider turned a $50.4m (£37.1m) into a pre-tax profit of $369.2m (£272.1m) for the year ended 31 December 2021 while also seeing its GWP shoot up by 30%. from Insurer - insuranceage.co.uk https://ift.tt/wRz75ro
Ecclesiastical’s Adrian Saunders considers how the insurance industry can win back customer faith. from Insurer - insuranceage.co.uk https://ift.tt/HkBdbXm
Distribution and trading director, Sarah Mallaby, tells Insurance Age about her move from Allianz to Axa and discusses the provider's plans going forward as she highlights the importance of re-establishing relationships with brokers. from Insurer - insuranceage.co.uk https://ift.tt/cbiHXKtq9
Provider promotes Nic Brown to the newly created role in push to develop broker relationships. from Insurer - insuranceage.co.uk https://ift.tt/cQC29KIke
LV Broker’s Mike Crane reflects on the impact of consolidation, pricing practices, trust and asks if brokers are well placed to take advantage of the developments from Insurer - insuranceage.co.uk https://ift.tt/FAftnDKJd
Peter Harvey, deputy chief executive of Arc Legal, tell Insurance Age about the bespoke products the MGA offers brokers and how 2022 might shape up for the market from Insurer - insuranceage.co.uk https://ift.tt/EgQvFD9Jk
Biba confirms it will be will be putting in a response to the consultation which closes on 11 February as compliance experts discuss whether the inquiry could have an effect on the regional broker market. from Insurer - insuranceage.co.uk https://ift.tt/arK7bCBnY
Government body says "too many" insurance apprentices do not complete their end-point assessments as Davies explains it is working to redesign the standard in response to apprentices leaving as soon as they have achieved their CII qualifications. from Insurer - insuranceage.co.uk https://ift.tt/DSNdGaTZp
Ardonagh Advisory’s chief commercial officer reflects on 18 years at Aviva, finding freedom at the ‘dynamic’ Ardonagh, and his plans for the future. from Insurer - insuranceage.co.uk https://ift.tt/t5BxKAaJc
The managing general agent has increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022. from Insurer - insuranceage.co.uk https://ift.tt/fxHBhe3bv